Remove eWallet Remove Mobile Payments Remove Online and Mobile Banking
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What is NFC Mobile Payment and How to Use It?

Payment Savvy

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? NFC payments add immense convenience for today’s busy customers. How Do NFC Mobile Payments Work?

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24 Big European Banks Take On Visa, Mastercard With Their Own Payment System

PYMNTS

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). .

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Ant Group Debuts Virtual Bank In Hong Kong Weeks After Filing IPO

PYMNTS

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

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EU Consumers Can Create eWallet, Manage Mobile Payments In New Visa, Vipps Deal

PYMNTS

Visa is teaming with Norwegian digital wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International. Over 75 percent of Visa payments in Europe have become contactless due to the pandemic, the report stated. Vipps, launched in 2015, has now reached 3.7

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Mastercard And Ethoca Help Merchants, Issuers Improve Online Transaction Clarity

PYMNTS

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

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Alipay+ Expands to Help European Merchants Connect With Asian Travellers in Build Up to EURO 2024

The Fintech Times

To ensure that tourists travelling to Germany and Europe for UEFA EURO 2024 enjoy a seamless travel experience, Alipay+ is expanding its cross-border mobile payment acceptance and merchant coverage by enabling more payment partner apps to be accepted across Germany and other popular European destinations.

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BRICS Drives Mobile Payments Growth Last Decade

PYMNTS

To that end, on a grand stage, in payments it is the BRICS that may shape – at least in part – how mobile payments evolve. As reported last month, the BRICS have been moving toward a unified payment system. trillion in banking assets. BRICS, Unified? Touring the Landscape.